WHAT TO KNOW: Teammate® advanced driver assistance technology is a SAE Level 2 system, based on Toyota’s Mobility Teammate Concept, that provides two functions: Advanced Drive and Advanced Park. It will be available on select 2022 Lexus LS 500h models with AWD, which are expected to arrive in U.S. dealerships this fall. Teammate’s Advanced Drive… Continue reading @Toyota: Teammate Advanced Drive Backgrounder
Tag: Toyota
@Toyota: Small Team, Huge Impact
Toyota’s Integrated Vehicle Systems is where the rubber meets the proverbial road when it comes to advanced driver assistance technology and safety features in the United States When it arrives in the market later this year, Toyota’s Teammate will mark a major milestone along Toyota’s transformation to a technology-driven mobility company. For the team of… Continue reading @Toyota: Small Team, Huge Impact
@Toyota: Toyota Establishes “Toyota Ventures Climate Fund”
Toyota is strengthening company-wide efforts to further accelerate CO2 reduction toward its goal of carbon neutrality. As a part of this effort, Toyota has established a global investment fund, the “Toyota Ventures Climate Fund.” Go to Source
Suzuki’s India woes extend far beyond the pandemic
TOKYO — It is a market where Suzuki Motor once reigned as the undisputed champion. Forty years ago, nearly every passenger car sold in India was made by the Japanese automaker. Now this share is under 50%, and the competition only looks to increase. Suzuki still makes half its car sales in the country, and the automaker’s stock price… Continue reading Suzuki’s India woes extend far beyond the pandemic
Toyota rebrands investment arm, adds fund focused on controlling climate change …
Toyota Motor Corp is rebranding its corporate investment arm as Toyota Ventures and adding two early-stage funds, including one focused on investing in startups developing solutions for climate change and carbon neutrality. The Japanese automaker is beefing up its four-year-old investment arm, formerly known as Toyota AI Ventures, with the addition of the $150 million Frontier Fund and the $150… Continue reading Toyota rebrands investment arm, adds fund focused on controlling climate change …
Xiaomi-Backed Fund Invests in Autonomous Driving Startup Zongmu
(Bloomberg) — An investment fund backed by Xiaomi Corp. is among a new slew of investors in Zongmu Technology Shanghai Co. as the Chinese autonomous driving system startup raised $190 million in its latest funding round. Zongmu conducted the series D fundraising in three stages and Hubei Xiaomi Changjiang Industrial Investment Fund Management Co. led… Continue reading Xiaomi-Backed Fund Invests in Autonomous Driving Startup Zongmu
KINTO and Greater Than expand their collaboration in Japan
STOCKHOLM, June 3, 2021 /PRNewswire/ — KINTO, the leading new mobility initiative by Toyota and the insurtech Greater Than today announce that they will deepen its collaboration around solutions that will enhance the KINTO customer experience. KINTO is Toyota’s challenge for new mobility services and part of Toyota’s global vision to develop into a mobility… Continue reading KINTO and Greater Than expand their collaboration in Japan
Autotrader Honors Top Certified Pre-Owned Vehicle Programs from Luxury, Non-Luxury Automakers in 2021
ATLANTA, June 3, 2021 /PRNewswire/ — For car shoppers seeking the peace of mind that comes with buying a new car but pricing that aligns closer with buying used, a Certified Pre-Owned (CPO) vehicle is a great solution. CPO vehicles are used models that have been certified by the automaker after undergoing a rigorous inspection, carrying… Continue reading Autotrader Honors Top Certified Pre-Owned Vehicle Programs from Luxury, Non-Luxury Automakers in 2021
Ford’s Jim Hackett is out as CEO, to be succeeded by Jim Farley as restructuring plan fails to reignite stock – CNBC
Ford’s Jim Hackett is out as CEO, to be succeeded by Jim Farley as restructuring plan fails to reignite stock CNBC Ford’s Jim Hackett had a bold vision—but couldn’t improve this all-important financial metric Fortune Ford’s Farley to become CEO Oct. 1; Hackett to retire The Detroit News Ford Unveils Change At The Top With COO Jim Farley… Continue reading Ford’s Jim Hackett is out as CEO, to be succeeded by Jim Farley as restructuring plan fails to reignite stock – CNBC
Ford F-150 Lightning will be 1st all-electric pickup truck to offer full-size spare tire
As the panting and drooling over upcoming all-electric pickups continues to dominate social media chatter among consumers and investors, just about everyone seems to be buzzing about Tesla, Rivian and Ford these days. Ford revealed the Lightning on May 19 and while details involving the battery and other specs remain elusive, that stops no one from talking about… Continue reading Ford F-150 Lightning will be 1st all-electric pickup truck to offer full-size spare tire